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31 May 2012
Frankfurt am Main, Germany
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20 June 2012
London
Israel's Brack to spend another E120m in Germany
Tel-Aviv-based listed Brack Capital is to buy 13 retail property assets in Germany for E120m. Israeli business portal Globes reported the group is negotiating with a German bank, which it did not name, for a E105m non-recourse loan to finance the purchase. The acquisition would add to around E200m that Brack has recently spent on property in the nation.